We may derive the following from the Weekly CPI chart:
1. Price broke a sharp uptrend.
2. We are still in an OVERALL uptrend. BUT price may be setting up for a move down. I think a bearish setup is likely.
3. It is still early to make a decision and so patience is needed to see if we form a potential sell or buy pattern.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price broke a sharp uptrend.
2. We are still in an OVERALL uptrend. BUT price may be setting up for a move down. I think a bearish setup is likely.
3. It is still early to make a decision and so patience is needed to see if we form a potential sell or buy pattern.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.